BofA maintains its USD/CNY target

BofA maintains its USD/CNY target
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BofA maintains its USD/CNY target
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By JustMarkets On Tuesday, US stocks traded mixed: the Dow Jones Index (US30) gained 0.24%, while the S&P 500 Index (US500) rose 1.28%. The NASDAQ Technology Index (US100) closed positive 2.64%. Stocks soared to highs when Fed Chair Powell said that upside risks to inflation have diminished due to a cooling labor market and a Fed rate cut “could be” at the…
Super Micro Stock Soars 65%; TQQQ Fluctuates Home Stocks Super Micro Stock Soars 65%; TQQQ Fluctuates Source link
On December 24, I published the chart case for 4890oz Gold. You can see the chart here, but the full explanation was sent out to the WhatsApp Broadcast Group. If you are trading XAUUSD (on leverage) then it is best to target 4830/50. I’ve made the point repeatedly how 4850 gold and 100 silver were…
In the world of forex trading, understanding the concept of base currency is vital. This currency is the first currency in a currency pair. It plays a crucial role in how the forex market operates. To succeed in forex trading, grasping this concept is a must. Let’s dive into how the base currency influences your…
EURUSD: EUR/USD rises towards the 1.1335 level during the early Asian session on Thursday. Easing concerns over potential tariff threats from US President Donald Trump are putting some pressure on the US Dollar (USD). According to the Federal Reserve’s (Fed) Beige Book report released on Wednesday, businesses facing the early stages of Trump’s tariffs are…
The AllAverages v4.9 MT4 Indicator is a versatile tool designed for use with MetaTrader 4 (MT4), one of the most widely used platforms for Forex traders. This indicator integrates multiple moving averages into a single, easy-to-read chart. Moving averages are essential in Forex trading because they help identify market trends, smoothing out price data to…